More Questions on Indian Economy
- Q. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross National Product (GNP)
C)Gross Domestic Product (GDP)
D)Personal Income
Answer: Gross National Product (GNP)
- Q. In India, which one among the following formulates the fiscal policy?
A)Ministry of Finance
B)Planning Commission
C)Finance Commission
D)The Reserve Bank of India
Answer: Ministry of Finance
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Punjab National Bank
C)Canara Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Canara Bank
C)Punjab National Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Oudh commercial Bank.
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1999
C)1997
D)2000
Answer: 1999
- Q. Which of the following is not a part of machinery that settles industrial disputes?
A)Works Committee
B)Conciliation officers
C)Wage Court
D)Board of Conciliation
Answer: Wage Court
- Q. As per the 2009-10, data the commodity with highest share in total export value was:
A)Engineering goods
B)Petroleum products
C)Gems and Jewellery.
D)Rice
Answer: Gems and Jewellery.
- Q. Debenture holders of a company are its
A)creditors
B)debtors
C)shareholders
D)directors
Answer: creditors
- Q. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
A)Rs. 25,000 crores
B)Rs. 1,00,000 crores
C)Rs. 50,000 crores
D)Rs. 1,25,000 crores
Answer: Rs. 50,000 crores
- Q. Deficit financing means that the government borrows money from the
A)local bodies
B)RBI
C)big businessmen
D)IMF
Answer: RBI
- Q. Earn While you Learn scheme has been launched by:
A)Ministry of Youth
B)Both A and B
C)Ministry of Tourism
D)None of these
Answer: Ministry of Tourism
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
A)Madhya Pradesh government
B)Haryana
C)Uttar Pradesh government
D)none of the above
Answer: Madhya Pradesh government
- Q. In India, inflation measured by the
A)Consumers Price Index for urban non-manual workers
B)Consumers Price Index for agricultural workers
C)Wholesale Price Index number
D)National Income Deflation
Answer: Wholesale Price Index number
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- Q. National Electricity Policy envisages elimination of power shortage by 2012 through addition of:
A)75000 Megawatt
B)100000 Megawatt.
C)50000 Megawatt
D)125000 Megawatt
Answer: 100000 Megawatt.
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A)Statutory Liquid Ratio (SLR)
B)Statutory Bank Ratio (SBR)
C)Central Bank Reserve (CBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- Q. In Global Hunger Index (GHI) India has been ranked at:
A)102nd place among 117 developing countries
B)105th place among 117 developing countries
C)96th place among 119 developing countries
D)109th place among 117 developing countries
Answer: 102nd place among 117 developing countries
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